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How come the rental loss on Sch E does not offset W2 income based on taxpayer work over 750 hours?
I work a return with Sch E rental loss. Wife work as a real estate professional was selected. but how come the rental loss does not offset W2 income? Do I miss something to click?
Please advise. I use TurboTax desktop version.
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‎August 5, 2024
11:23 PM